LAST close (March 21): 632.17 points, up 3.62 points from a week ago. Week’s high: 635.56 points; Week’s low: 622.32 points.
The KLSE Composite Index (CI) recovered from earlier losses last week and advanced on selective bargain-hunting buying of a few key index stocks, prompted by the start of the Iraq war. Trading remained cautious last week as players are not too sure as to when the war would end. News that the government would bring forward the announcement of the Malaysian economic stimulus package due for release on April 7 supported sentiment toward late trading.